Archive for March, 2008

Fed to become more powerful than the White House? « Bridges to Hope Foundation

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  • We are witnessing financial history in the making — right here, right now.
  • A newly proposed ‘blueprint’ represents the most sweeping change since the Great Depression.
  • For the Fed, it all goes back to a quiet meeting on Jekyll Island… where the whole thing first began.

The Fourth Branch of Power: How the Fed Is Set to Become More Powerful Than the White House

Ladies and gentlemen, we are witnessing financial history in the making. This is not exaggeration. No, this is what history feels like. Right here. Right now. And, let me tell you, it is breathtaking to behold.

Remember the Bear Stearns rescue as “the day the dream of global free-market capitalism died.”

Wall Street historian Charles Geisst feels it, too: “We have to realize that central banking now takes into its orbit everything in the financial system in one way or another,” Geisst says. “Whether we like it or not, [the Fed has] recreated the financial universe.”

Four Branches of Government

Like me, you probably studied high school civics. And if your textbooks were like mine, they taught that there are three branches of American government: the executive, the judicial, and the legislative.

As it turns out, those textbooks were wrong.

There are actually four branches of government. One of them has simply been wreathed in shadows all this time. And now, from the smoking wreckage of the “shadow banking system,” the fourth branch is set to overtake the other three.

To get a handle on the topic, let’s start with money… a subject Mayer Rothschild, founder of the immortal Rothschild empire, knew a thing or two about.

“Give me control of a nation’s money and I care not who makes her laws,” Rothschild said.

Rothschild knew the power of the golden rule: “He who has the gold makes the rules.” Except today, in an age of digital currency, that saying might better serve as, “He who runs the printing press makes the rules.”

Of course, a printing press isn’t much good if you can’t get people to accept what it prints. If what you print happens to be the world’s reserve currency, however — and the global financial system is bloated with your scrip — then truly awesome power can be yours.

There is just that little matter of taking the reins firmly in hand. Getting around the bother and headache of elections, putting the other branches of government in their place, that sort of thing. Such endeavors take some doing, and more than a little back-room planning.

It helps to have a long-term time horizon, too. In this case, nearly a hundred years long at that.

Paulson’s New Financial Order

Okay, okay, you say. What’s all this “financial history in the making” stuff? Why the breathless rhetoric?

Well you see, over the weekend — while America took a breather from the markets — Treasury Secretary Hank Paulson revealed his sweeping new “blueprint” for financial regulation. (That blueprint is set to be officially released today, March 31.)

In a word, this news is big. Very big.

In fact, Paulson’s blueprint proposes the biggest Wall Street shake-up in 80 years. It calls for the broadest, most sweeping changes to financial legislation since the Great Depression…. since FDR and the New Deal… since the 1929 market crash.

As Paulson told the WSJ, dealing with the current disaster offers an opportunity to “start over” in terms of regulation. The blueprint is what he calls an “optimal financial regulatory model,” and “an aspirational model which can only be achieved after many years.”

Here Comes Supercop

One big Paulson suggestion is to merge the SEC (Securities and Exchange Commission) with the CFTC (Commodity Futures Trading Commission).

That thought in itself should be enough to make traders spit coffee all over their screens. (And newsletter publishers, too.)

Another suggestion is to create something called the “Mortgage Origination Commission.” Who knows just what that outfit is supposed to do?

But the proposal we’re concerned with today (as you might have guessed) is the one that deals with the Federal Reserve. Paulson wants to turn the Fed into a kind of “supercop.” The Wall Street Journal offers more detail:

Over the long term, Mr. Paulson advocates a new, and instantly controversial, role for the Federal Reserve. Mr. Paulson sees the central bank eventually taking on the role of a “market stability” sheriff. This would move the Fed away from direct bank supervision, something the central bank has always argued is vitally important. A new entity would take that over. Instead, the Fed would use a broad authority to monitor any company or any business line that could destabilize financial markets.

Paulson adds, “[The Fed] would have broad powers so that they could go anywhere in the system they needed to go.”

Hmm. Broad powers, eh? Anywhere in the system they needed to go? Presumably to do whatever they needed to do upon arrival? Thirty billion here, 200 billion there and so on?

That sounds powerful indeed. It’s a good thing the Fed is a highly responsible entity, instead of some quasi-private institution run by unelected officials with plenty of back-room connections and no true accountability to the public. Oh, wait.

So far, Paulson’s proposals are just that — mere proposals. There is no telling how much of the blueprint will be accepted, or what ultimate form it will take. But, from a bigger-picture perspective, the details don’t really matter. The key thing is, change is coming. Major change.

Opportunity Knocks

You can expect lots of debate in the coming days. There will be plenty of back and forth over the merits of the Paulson blueprint; over the challenges and risks of expanding the Fed’s power; over the ins and outs of how the changes might take place and what they might mean.

In the midst of all this, it will be good to remember at least three things: First, that the surface level aspects of the debate won’t matter all that much; second, that most pundits won’t really know what they’re talking about; and third, that the really big wheels are already in motion. They’ve been in motion for a long, long time.

Confusion creates opportunity for those who know how to take advantage. The money men — i.e., the Federal Reserve and those insiders connected to it — will exploit that confusion to its fullest.

Take the current crop of presidential candidates, for example. None of them — Republican, Democrat or Independent — has the foggiest notion of how the Federal Reserve works on a nuts-and-bolts level. Nor does the current White House occupant.

When it comes to regulating and managing the vast and unwieldy “shadow banking system,” as bond fund manager Bill Gross calls it, the nation’s commander in chief is clueless. His successor will be equally clueless, in terms of not knowing where the important levers are, not knowing how to throw them, and not knowing who to trust.

Thus, barring some divine miracle in which Ron Paul gets elected, the money men will soon gain total control of America’s financial system… and thus the dollar-driven global financial system by default.

The next president will talk tough, craft authoritative sound bites for the masses, and then, in regard to the nation’s balance sheet, simply do what he (or she) is told. Congress and the Supreme Court will be equally impotent here. After all, what do they know of structured finance? What role could they possibly play in saving the system from itself?

In a time of crisis and turmoil, the money men will argue, this sweeping arrangement will prove necessary. As Paulson has said, implementing the new model in full will take “many years.” That kind of talk is akin to giving a plumber a blank check and letting him disappear into your basement. Who knows what’s really going on down there? Who could have any idea?

The true dirty work will continue to take place where it always has –behind closed doors. None the less, the sheer boldness of this financial power grab is quite the spectacle. It has all the grit and guts of a train robbery in broad daylight.

And for all the hemming and hawing about crisis management and the need for better financial regulation, what’s truly happening here is plain as day once the blinders are removed. As George Orwell said, “Sometimes the first duty of intelligent men is the restatement of the obvious.”

Jekyll Island Redux

And why would the Fed’s new bid for dominance come from the Treasury, by the way, instead of from within the Fed itself? Partly for the sake of appearances, no doubt, but also because of who happens to be Treasury Secretary.

“Hammerin’ Hank,” as the Treasury Secretary is sometimes known, is an alumnus of the most powerful investment bank on Wall Street. Mr. Paulson was CEO of Goldman Sachs when the White House tapped him for the job in 2006. (The appointment also enabled Paulson to cash out $700 million worth of Goldman Sachs stock tax deferred — quite a neat trick.)

How fitting, then, for a new era of Fed power to be ushered in by a connected investment banker. After all, that’s pretty much how it happened the first time around.

The Federal Reserve, as market historians will recall, was born under cover of darkness. The institution’s origins can be traced to the Jekyll Island Hunting Club, a most curious club in that no birds were actually hunted.

Instead, the “duck hunters” were some of the world’s wealthiest men: investment bankers, oil barons, powerful politicians and the like. They all met, in great secrecy and seclusion, for a series of meetings in a private hunting lodge on Jekyll Island in 1910.

The lodge, and the island itself, were owned by J.P. Morgan at the time. (Jekyll Island sits off the coast of Brunswick, Georgia. It’s a resort destination today.) Morgan was at that fateful meeting in November of 1910 that led to the Fed’s creation three years later. Rockefeller was there, too.

Many strings have been pulled, and many favors traded, from that day to this. Now, almost a full century later, the Federal Reserve is about to experience its greatest ascent, rising to new heights of power as the dollar fades into twilight. For the money men, this day was a long time coming.

Consequences, Concerns

But what does it all mean? Not just in regard to the health of the dollar or the fate of the U.S. financial system, but in regard to you and me?

In terms of volatility and wild market moves, the fun has only just begun. There will be clear and sharp consequences to this turn of events; that means significant opportunity, and significant dangers too.

I’ll do my best to keep you up to date on what’s happening, and you better believe I’m watching closely. (Reading about what just transpired, I nearly fell out of my chair.)

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I n any given year, 40 million Americans have chronic difficulties falling or staying asleep, while another 20 million report occasional sleep problems. It’s no wonder that US doctors write as many as 43 million prescriptions for sleeping pills a year. Medication may help you sleep better immediately, but the best long-term solution is to encourage your body’s natural sleep mechanism to operate more effectively.

There are a lot of myths and misperceptions about how to get a better night’s rest — and some sleeping secrets that most people have never heard of. Here are some rules to help you sleep better…

Wake up at the same time each day. Sleep is controlled by biological rhythms (also called circadian rhythms) that follow a very set schedule. To align your sleep pattern with these internal rhythms, it’s important to wake up at the same time each morning.

Reason: Your biological rhythms aren’t perfectly regular, but, for the best sleep, they do need at least one stable point in time around which they can fluctuate. While you can’t always control when you fall asleep, you can control the time you wake up each day.

Another reason to maintain a consistent wake-up time is that, just as you need a certain amount of sleep to feel rested and alert, you also need a certain amount of time awake each day in order to feel sleepy at night.

Rising at the same time each day — as opposed to “sleeping in” on the weekends, for example — ensures that you will be awake long enough to fall asleep at your normal bedtime.

Spend time in sunlight. Even being outdoors on a cloudy day helps. In general, the more light exposure you get during the day, the better you’ll sleep at night.

While you don’t want to look directly at the sun, sunglasses will block the effect of the bright light. Check with your doctor about how much time he/she thinks is safe for you to spend in bright sunlight without sunglasses.

People over age 50 will especially benefit from about a half hour of light exposure at day’s end — in the late afternoon or early evening.

How it works: As we get older, our circadian rhythms shift forward in time, causing us to fall asleep earlier and wake up earlier. Exposure to late-afternoon or evening light shifts the rhythm in the opposite direction — allowing you to wake up later in the morning.

Take a brief, moderately hot bath just before bed. Another part of our natural sleep rhythm involves core body temperature, which drops at night as we sleep, then rises again just before waking.

Core body temperature works in counterpoint to peripheral body temperature (the temperature of your hands and feet) — when your peripheral temperature rises, your core temperature falls, and vice versa. Taking a hot bath just before going to bed raises your peripheral temperature, causing your core temperature to drop — which helps you fall asleep. (This is also why wearing socks to bed helps some people fall asleep more easily.) Just make sure the bath water isn’t too hot, because this could raise your core temperature.

Keep your bedroom at a comfortable temperature. This encourages the natural fluctuations in body temperature described above.

Keep your sleeping environment as dark as possible. Sleep is controlled in part by the hormone melatonin. The brain secretes melatonin only in darkness, which is why it’s important to keep your bedroom dark while sleeping — the darker, the better. Put up light-blocking curtains or blinds, or wear a sleep mask, if needed. If you have to get up in the middle of the night, use a low-intensity nightlight to guide your way, rather than switching on the overhead lights.

Reason: Turning on a bright light signals your brain to stop secreting melatonin.

Don’t spend too much time in bed. When you stay too long in bed, your sleep actually becomes more fragmented and disturbed. If you need eight hours of sleep, spend no more than eight and a half hours in bed. Even if you didn’t sleep well the night before, avoid going to bed early to “catch up” on sleep. Instead, go to bed and get up at your usual time.

If you wake up at night, keep your eyes closed. When people wake in the middle of the night, the first thing they usually do is look at the clock. But the mere act of lifting your head and opening your eyes is enough to take you out of transitional sleep (the lightest stage of sleep) into a full waking state, making it harder to fall asleep again. Instead, keep your bedroom clock out of sight — and if you wake up in the middle of the night, don’t open your eyes. This will make it much easier to drift back to sleep.

Avoid alcohol near bedtime. Alcohol acts as a sedative when it first enters your bloodstream — but several hours later, when it leaves your bloodstream, it actually has the reverse effect of making you more wakeful. If you tend to wake up in the middle of the night and have trouble falling back asleep, you should avoid drinking any alcoholic beverages after dinner. If you have trouble falling asleep in the first place, then you may need to forgo drinks with dinner as well, since their “waking effect” will coincide with your bedtime.

Don’t consume caffeine after lunch. That includes all caffeinated beverages — not just coffee, but also tea and soda, as well as energy drinks. This is especially important if you have trouble falling asleep.

Exercise regularly. Although no one knows exactly why this is the case, data shows that the more fit you are, the better you’ll sleep at night.

Don’t lie in bed tossing and turning. Once you start tossing and turning, you get tense. If you find it impossible to drop off to sleep, get out of bed and stay up until you’re sleepy enough to fall asleep. You may feel tired the next day — but over time, this approach has been found to be very effective in establishing a restful sleep pattern.

Avoid naps. Physiologically, a mid-afternoon nap makes perfect sense, since your core body temperature takes a slight dip then. And for many people, such a nap won’t interfere with nighttime sleep. However, if you have difficulty falling or staying asleep at night, a nap during the day will only aggravate the problem.

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The 7 Most Dangerous Lies your doctor's telling you (even if he doesn't know it)...

In the next 22 minutes, 100 Americans will die under the care of sincere conventional MDs. But during that time, you can discover the safe, natural, yet virtually unknown alternatives that could have saved 95 of them…

And one of them might be YOU.

Save yourself a lot of pain, money-and maybe even your own life.

Get the real story here, right now. . .

In the next few
minutes, you could

  • Heart Disease/Stroke
  • Cancer
  • High Blood Pressure
  • Diabetes
  • Arthritis
  • Obesity
  • Alzheimer’s

There’s a simple first step to defeating all of these killers and more: Stop listening to the lies of mainstream medicine

Dear Misled Friend,

They’re lying to you.

Your doctors, the drug companies, your HMO…

They’re all perpetuating dangerous medical myths, and for all the wrong reasons. Sometimes it’s to cut costs. Sometimes it’s to sell more drugs. And sometimes it’s just because they don’t know any better. Think about it: Just because a doctor doesn’t know he’s wrong doesn’t mean it can’t kill you.

In fact, in the next 22 minutes, 100 people just like you across America will have died from the 7 most dangerous lies the mainstream medical establishment tells to patients every day. They aren’t just ‘little white lies,’ either-they involve big-league killers like cancer, heart disease, stroke, diabetes, Alzheimer’s and more…

You may have even already been told one or more of these ‘killer’ lies yourself!

But even if you have, there’s no reason you have to succumb to it. If you keep reading, you’ll discover these ‘7 deadly lies’ of mainstream medicine-straight from the archives of the Health Sciences Institute (HSI), the one health organization that can save you from the fate so many of your misled neighbors have succumbed to because of these lies…

Read the LIES articles from the “Health” section tab

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LIES about Cancer…and..How to prevent it and Cure it « Bridges to Hope Foundation

Bridges to Hope Foundation www.BTHF.org

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LIE about Cancer
‘Chemo and radiation are your best hope.’

‘Your tests are showing that the cancer has metastasized to your lymph nodes.’

I’m going to have to start you on chemotherapy and radiation this week…’

I desperately hope you will never hear these words. We work night and day to make sure you’ll have every weapon you need to stay cancer-free for the rest of your life. And even if you were to discover tomorrow morning that you already have cancer, you could still get well simply and naturally-without drugs, radiation, or chemotherapy. We’ve heard reports of success from our members all over the world. There are literally dozens of methods of knocking cancer out of your system…

The problem is that your doctor doesn’t know about them. He’s hopelessly stuck with the outdated cancer treatments he learned in medical school-many of which are now proven NOT TO WORK. But only a small sliver of the medical community knows the REAL CURES. You are now about to discover what may be the most remarkable cure of them all.

An 86% Cure Rate for
Hopeless Cancer Patients

In 1999, a leading doctor in cancer treatment was sought out by a number of cancer patients who were so far gone that their bodies weren’t responding to any of the standard therapies. Because they were classified as ‘untreatable,’ he decided to give them a new therapy that showed promise-a non-sugar component of a glycoside group called AGS.

Five years later, all of these patients were supposed to be dead, but 86% of them were still alive and kicking. So we know AGS works!

Since then, he has been seeing more successes, and his biopsy technicians are rubbing their eyes in disbelief at how fast it works.

The 24-Hour Miracle

It kills cancer cells in one day. Researchers have used AGS on deadly melanoma tumors, and cancer cell death comes at high speed-reported results have been in as little as 24 hours. Remarkable, huh? No, it’s stupendous. Imagine: If you were diagnosed with cancer next Tuesday, wouldn’t it be terrific to find out on Wednesday that it’s definitely going away?

AGS shuts down tumors without dissolving them chemically. One of the hottest fields in cancer research is the tactic of ‘starving’ tumors to death by shutting off their blood supply-a gentle solution that beats chemotherapy by a mile and a half. Researchers used AGS on cancer cells that had spread to patients’ lungs (once it’s there, it usually goes everywhere), and incredibly, it shrank the lung tumors and stopped the disease in its tracks!

It beats even the new super-cancers. Here’s the dirty little secret of chemo: It’s rapidly creating new kinds of cancer that don’t respond to conventional treatment at all. Just as germs become resistant to antibiotics, these new cancers are multiple-drug resistant. Near-frantic authorities are predicting four million people worldwide will soon die of these super-cancers. But insiders at a biotech firm investigating AGS recently leaked the incredible news that AGS has also been found to be effective in drug-resistant cancers. If the medical establishment would only wise up and get behind AGS, they could save three times more lives than have been lost in all the wars in U.S. history combined.

It has zero side effects. You’ve seen women lose every strand of their beautiful hair. That’s because chemo and radiation attack growing cells, hair follicles being the first target. You’ve seen patients choose to die rather than continue to face the terror of nauseating treatments. But all this could be over with. Tests of AGS have concluded that it is non-toxic and carries with it no adverse effects. If you’re quick on the trigger, you’ve spotted the meaning of this: AGS is so gentle that you can start taking it regularly as a preventive, to keep yourself cancer-free forever.

Hard to believe, but new studies are starting to show that AGS works on colon, lung, ovarian, kidney, and brain cancers. And another physician, Dr. Paul Ling Tai, is now seeing amazing results in patients with the deadliest cancer of all: Pancreatic.

The Bad News, the Good News

A prominent biotech firm (I can’t mention the name) is pulling out all the stops to develop a drug based on AGS. But first, they have to take AGS apart molecule by molecule, then reconstruct the main ingredients artificially so they can patent it. After that comes the maddening, slow approval process. In a decade, it might be in the pharmacy.

You’ll find out more cancer cures like this one in your free bonus collection, The 50 Very Best Solutions to the Worst Health Problems of Today. Keep reading and you’ll get the real, original AGS-at a fraction of the cost you’ll pay for the drug version once it’s even available!

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LIES about Hearth attack…and …how to prevent it « Bridges to Hope Foundation

Bridges to Hope Foundation www.BTHF.org

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